Recreation Market To Grow Due To Technological Advancement

Posted by sainath on January 7th, 2019

The Business Research Company’s global recreation, covers the year-on-year growth of the global recreation historic and forecast growth. It also includes chapters on the recreation trends, geographical analysis, and competitive landscape.

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Recreation Trends

It is difficult for a spectator or a fan to stand in queues for long durations to witness a sport or experience a ride or show in parks. Amusement parks and sports organizers are offering platforms to patrons for booking a ride or ticket using their mobile devices and apps to experience a ride or sport instead of standing in queues to buy a ticket.

The global economy is expected to go through a continued period of steady growth during 2017-2021.  The US economy was already showing some growth in 2014 and 15, and this is likely to continue during the forecast period. The European market is expected to see growth return later in the period – between 2018 and 2020. Emerging markets are expected to continue to see generally higher levels of growth than the developed markets during this period.

The global recreation is primarily driven by economic growth and technological development.

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The global recreation market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With increasing economic growth and changing demographics the global recreation is expected to increase in potential and scope. TBRC’s report also covers the global recreation market report drivers and restraints in the market.

The global recreation market segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global recreation report are The Walt Disney Company, Las Vegas Sands, Universal Studios,  MGM Resorts,  Merlin Entertainment Group

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The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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